Apple Unveils AI-Powered iPhone 16 Amid Stock Volatility

The launch event highlighted new AI features, but Apple's stock showed mixed reactions, reflecting investor uncertainty.

Apple's stock fluctuated before and after the iPhone 16 event, initially rising then falling by 1.4%.
Investors remained focused on the new AI-powered iPhone and updates on Apple Intelligence.
Localized versions of Apple Intelligence for non-English languages are set to roll out next year.
Historically, Apple's stock performance on iPhone launch days has been variable.
Updated support and resistance levels were identified for Apple stock as it navigates market reactions.